Andrew 'Top G' Tate, known for his hit or miss energy for digital currencies, took to Twitter this Friday evening with a progression of daring statements and activities that had the crypto local area humming. His striking cases and resulting tricks blended the market as well as left many in wonderment of his unconventionality.
The Day Starts: Crash Solana and Precious stone Hands
The day started off with a bang as Tate tweeted his expectation to "crash the Solana organization." His supporters were welcome to send him different digital forms of money, which he vowed to "precious stone hands" and "never sell." In ordinary Tate style, he raised the stakes by promising to purchase more than 1,000,000 bucks worth of any irregular new image coins on the off chance that he acquired enough retweets on his handle, @CobraTate. The tokens recommended went from a speculative 'Germany coin' to a strikingly themed Madonna token.
Tate's tweet read:
Feeling rich and reckless.
2000 RTs and I will diamond hands over 1M USD today into random shit that I NEVER EVER SELL.
— Andrew Tate (@Cobratate) June 7, 2024
The Top G Crypto Consume
While Tate stayed consistent with his promise about not selling the tokens, the day took a surprising turn. At a certain point, his public wallet was gifted roughly $1 - $1.5 million worth of another image coin named 'Top G' by a Twitter handle @topgsolanacto. This represented 58% of the coin's inventory, promptly raising doubts that Tate himself may be behind this new token.
The mysterious source gave a public test to Tate: consume his property and "become the genuine Top G." This challenge tweet immediately earned 1,000,000 impressions, and the cost of $TOPG soar by 700%, coming to almost $11 million in esteem. Exactly as expected, Tate answered by consuming his portion of the new image coin, decisively decreasing the coursing supply.
He tweeted:
Burnt.
I am built different. https://t.co/wvKMRCaRPT
— Andrew Tate (@Cobratate) June 7, 2024
The Consequence: Market Responses and Hypotheses
The cost of $TOPG momentarily kept on rising following the consume, powered by its abrupt decrease in supply. The unknown source praised this move, featuring the Solscan exchanges and offering thanks:
What's $20M to a billionaire?
The Top G. Greatest of all time burnt 58% of our supply, leaving only 37% circulating.
Thank you Andrew.
Now we cook.$TOPG https://t.co/DrFDFdOnNq https://t.co/DRZren2QYd pic.twitter.com/kn5q9RTxmY
— $TOPG (@topgsolanacto) June 7, 2024
Notwithstanding the underlying flood, $TOPG has since backtracked 80% from its record-breaking high prior in the day, presently holding a completely weakened market cap of $8.8 million with 9.4k holders.
Andrew Tate, be that as it may, makes it clear that things are not pulling back. He keeps on tweeting at regular intervals to his 9.3 million devotees, his most recent post perusing:
> "Consuming all that cash was nothing. I'm simply beginning," alongside calls to purchase GameStop shares.
New Image Coins: The Best Cryptos to Purchase Now?
The wild ride with $TOPG features a more extensive pattern in the crypto market: the touchy development of image coins. As per a new CoinGecko report, the best-performing crypto resources of 2024 have been image coins and certifiable resource (RWA) tokens. More up to date image coins have outflanked laid out ones like Dogecoin and Shiba Inu, particularly those in the Solana environment.
In June alone, new image coins like Base Dawgz, PlayDoge, and Sealana have ruled the titles and caught the premium of financial backers. These tokens keep on sending off ICOs and draw in huge consideration in the crypto news media.
For those hoping to ride the flood of the most recent patterns, CryptoNews gives an exhaustive rundown of the best image coins to watch. Furthermore, for bits of knowledge into other top crypto accounts, including man-made intelligence and DePIN tokens, look at our article on the best crypto to purchase now.
$TOPG
— Mr. Tycoon 📈🥇 (@Mr_Tycoon23) June 7, 2024
LOL🤣🤣
ANDREW TATE BURNT THE SUPPLY
HUGE VOLUMES IN IT.....
WTF IS HAPPENING IN CRYPTO😂 pic.twitter.com/NKstNYPJVE
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Andrew Tate's Friday jokes have surely added another section to the brilliant and erratic universe of digital forms of money. Whether his activities are viewed as careless or progressive, they obviously highlight the unpredictable and invigorating nature of the crypto market. As usual, financial backers are encouraged to proceed cautiously and remain informed about the most recent patterns and improvements.
INFORMATION SORCE: https://cryptonews.com/news/andrew-tate-burns-10m-of-top-g-meme-coin.htm https://cryptonews.com/news/andrew-tate-burns-10m-of-top-g-meme-coin.htm
